ESCATEC appoints new Chairman and Independent Director

ESCATEC founder and Executive Chairman, Mr. Christophe Albin, is handing over his role at the electronics manufacturing services (EMS) provider in favour of Board member Mr. Joe Lahra, who will be the Group’s new Chairman. ESCATEC also announced the appointment of industry veteran Mr. Peter Gutschi as an Independent Director to its Board. An engineer by training, Mr. Albin formed ESCATEC in 1984 via a merger between LODA Electronics in Penang and Meditec of Singapore. Over the years, he grew the company into a significant EMS provider with a customer base of major OEM brands. Key strengths of ESCATEC today include its strong financial base with zero external debt, its portfolio of long-term customers, and an in-house capability to offer complete and integrated product lifecycle solutions from design & development to mass manufacturing to post-sales services. Mr. Albin will remain a member of the ESCATEC Board and will continue to be actively involved in overseeing and supporting the Group. New Chairman, Mr. Joe Lahra, is no stranger to ESCATEC. He has been a member of the Board since March 2017 and a business consultant to the Group since 1996. His business interests encompass the IT services sector in Southeast Asia and he is currently the Executive Chairman of the ABS Group of companies.

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